The US solar market had its biggest year ever in 2016, nearly doubling its previous record, installing more than 14GW of solar PV. This momentum is set to continue, according to GTM Research and the Solar Energy Industries Association’s (SEIA) latest report that details how the cumulative solar market is expected to nearly triple in size.
In this week's Movers & Shakers, PV Tech investigates Bill Gates' US$1 billion clean energy fund Breakthrough Energy Ventures, by speaking to new Science lead Eric Toone. We also report on Glasspoint Solar and Lark Energy's US expansions, new executive appointments in Asian firms Kyocera and 3TIER India, and thousands of energy jobs in the pipeline in the wake of Spain's renewable energy tenders.
Major global power firm AES Corporation and Canada-based investment manager Alberta Investment Management Corporation (AIMCo) have agreed to acquire utility-scale solar developer sPower from Fir Tree Partners and its minority owners.
News in brief: Enel Green Power provides PV modules to power a new surgery in a Ugandan hospital, California's LA Solar Group announces new rooftop solar programme, Borrego Solar completes a new commercial PV system in San Diego, California and Hannon Armstrong secures a new US$144 million investment for more than 690MW worth of new solar projects, and more.
Canada's SunCommon partners with Sustainable Energy Developments to provide residential, commercial and community solar in New York, Silicon Ranch closes a US$55 million equity fund, and new solar projects are completed in California and Arizona.